iShares MSCI Singapore ETF

EWS

Market cap $985M

Singapore-focused ETFs emerge as a strategic Asia allocation option on resilience, AI-driven growth and strong momentum.

Singapore's economic strength and stability underpin my buy rating on the iShares MSCI Singapore ETF. EWS has broken out of a long-term consolidation, targeting the 2007 all-time high of $31.94 per share. The ETF offers an attractive, consistent 3.97% dividend yield, supported by 25 years of consecutive payments.

The iShares MSCI Singapore ETF (EWS) offers concentrated exposure to Singaporean equities, with 54% in financials and only 16 holdings. EWS benefits from Singapore's equity market reforms, robust banking sector earnings, and structural AI/digital infrastructure growth, supporting near-term and long-term catalysts. Projected dividend yields from key holdings like DBS (6.1%) and ongoing institutional inflows underpin EWS's income appeal, while valuation appears relatively attractive versus global peers.

Sunway MCL—the Singapore-based developer controlled by Malaysian billionaire Jeffrey Cheah—and its partner China's CSC Land Group placed the highest bid for a prime residential site near the city-state's main shopping district, amid booming property demand in one of the world's most expensive real estate markets.

Chinese automakers are speeding into right-hand-drive markets from Australia to Southeast Asia and ​challenging long-dominant Japanese car companies with premium electric vehicles aimed at affluent consumers.

Asian currencies consolidated against the dollar before first decision by a FOMC led by Chairman Kevin Warsh later.

Singapore has secured enough liquefied natural gas cargoes ​to make up for lost ‌supplies from Qatar for the rest of 2026, ensuring it has 100% of ​the gas it needs, Singapore ​Energy Market Authority Chief Executive Puah ⁠Kok Keong said on Wednesday in ​Houston.

Singapore's banks and financial firms should use artificial intelligence to create better jobs and train workers for higher-value roles, ​not just cut costs, Deputy Prime Minister Gan Kim Yong ‌said on Wednesday.

About 10 companies from countries including Indonesia, South Korea and Singapore have filed for Hong Kong listings this year and some others are exploring options, an ​exchange executive said, as the market's robust IPO momentum lures global firms.

Singapore must take action to attract leading AI firms and also build on its status as ​a major energy hub, a committee set up ‌to chart new areas of growth and create jobs said in recommendations submitted to the government on Wednesday.